The Long Waves In Economic Life 1935

The Long Waves in Economic Life is a book written by Nikolai D. Kondratieff in 1935. It is a pioneering work in the field of economics that explores the idea of long-term economic cycles, also known as Kondratieff cycles or waves. Kondratieff argues that these cycles, which last for roughly 50-60 years, are driven by technological innovation and changes in the structure of the economy. He provides historical evidence to support his theory, tracing the cycles back to the Industrial Revolution and analyzing the economic trends of the 19th and early 20th centuries. Kondratieff also discusses the implications of these cycles for economic policy and the role of government in managing them. The book is considered a classic in the field of economics and has influenced the work of many scholars since its publication.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.